Before you choose an Escrow ask:

  • Is the escrow regulated by the Department of Corporations, the Department of Real Estate, or the Department of Insurance?

  • May I have a list of fees that your escrow is going to charge and a written explanation of each one?

  • May I receive a confirmation of the tax proration’s received and paid to the county treasurer on my behalf?

  • Is your escrow officer bonded and certified?

  • What training or certifications have they received?

  • Are any revenues shared between anyone affiliated with this transaction or owners of the companies involved?

  • Do they allow contracts other than DRE forms?

  • Do they allow “subject to”, escrows?


    • The professional escrow companies and the escrow officers who work for them, applaud these types of questions. They are not offended by them. Professional escrow officers perform a vital role in a real estate transaction. You want and need a true, disinterested third party, to manage your money. Their experience in handling many types of challenges that may arise is crucial. Our opinion is that the Department of Corporations or the Department of Insurance adhere to a stricter auditing schedule. The choice may not always be available, when it is, make the right one.

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